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Well most of the people who trade on the OTC would rather buy into billions of shares THAN something that is potentially worth billions of dollars, sad but true.
Item? How about a multiple list of items? Just the aknowledgement alone that Fairwood peninsula, the parent company of Delfin is taking this over should send it way up if you're asking for insider information I'm not gonna give any to you and I don't have any
They have until Friday to issue filings. Anyone who sells between now and then is probably going to regret it
Or another way to look at it is that it keeps getting brought up at 350 percent over the price where somebody told us to all sell a few weeks ago. Glass half empty or half full perspective I guess.
I've been wondering the same thing. S and P writers are no joke, so at least a general "heads up" has been issued through the media. Big money can't buy shares until they see the plan via filings. So yes I am half expecting trading to halt any day now.
GREAT POST! Exactly right. IMO ideas to the contrary are designed to prey upon those with issues of self worth.
TGLO has 1.5 billion in cash
TGLO shares as of this moment, without any Delfin assets being associated with the ticker are worth .37 cents per share Take 166 mil in NOLs and divide by 441 mil. That's just the base value of this empty shell.
Anything under a buck is a gift
And that will last about two seconds before blast off
Originally this stock IPOed around 40 hit 45 and then started getting hammered as the dot com era came crashing down. Point is, it gapped down hard. Flash forward to today....it already gapped up to 10 cents twice and got filled in last week. There are very few shares available...we are in a bottom up scenario here where the gap downs of the past will now be major upward gaps and runs based on reverse merger news as the American economy enters a new energy era. Five cents LOL
And it is not a promoted pump imagine that?
The 166 million $ in NOLs are worth eight dollars a share as is
It's even better than that because a company that has 1.5 billion shares with a pps of 41 has a 5% stake in Delfin LNG https://www.businesswire.com/news/home/20150701005765/en/Delfin-LNG-Announces-Equity-Investment-Enbridge
So I doubt there's going to be any problem getting investment bankers to back this Just a little FYI
Those gaps already happened. LOL check your charts
Sure it could be but why take that kind of a risk until the pot head intern at Charles Schwab or Meriill Lynxh gives you the thumbs up?
Yeah better dump at open until you hear something that comforts you
Let these people and by people what I really mean is morons go ahead and sell on Monday. They'll soon be gone
News Flash THAT IS NOTHING RECHECK YOUR FIGURES
How did you see the article? That is a subscriber only place are you in aficionado of liquid natural gas stocks or what?
Is it really a gap if the float is basically locked? Honestly the price here might be over a dollar before your bid is considered
I feel for you man. I've almost done that myself on trades. In fact I'm so paranoid about having something stupid happen with such a massive runner on our hands that I am not even going to open my account this week unless it's after hours. All my other stocks are blue chips, no need to monitor.
I might sell a little at 5 bucks and let me emphasize MIGHT, and it would only be a small portion of my holdings. Anyone that thinks they have "gains locked in" in the penny range is going to be nauseous about 10 mins later IMO
Own Ships= Up and Coming Exxon of LNG
IMO
This is something that very few of us will ever see again. My opinion is that this is a Trump campaign promise coming to life in a very big way. Honestly based on my research I think that Fairwood is coming in here Full blast. It's just an opinion but we'll see.
So you think that the former CEO, Egan just gave away his shell with 166,000,000 in NOLs for 25k? I suggest a little more DD is in order here for those that just discovered this. That report does not tell the whole story.
Noticed that they dropped 12 minutes before close this article https://platform.mi.spglobal.com/web/client?auth=inherit#news/article?id=43117789&cdid=A-43117789-11052
Which will send the market crazy for the stock
PARABOLIC ON MONDAY!!!!
Well Fairwood is actually a multinational corporation probably has a lot to do with taxes, so now consider that the top rate has been dropped down to 21 percent and add in the NOLs Worth 166 million so all of a sudden add in the gulf of Mexico deal where they basically have the market cornered on lng because they control the spigot and you have some serious potential here
If you can just get in under $.50 you'll still have a chance to make it 10 bagger if you're into that sort of thingthis is all just my opinion of course
Same here Spry! Zero worries. Hopefully people new to reverse mergers are reading our posts and will have some more mental armor going into this.
Yes! They did, and keep that at the ready in case confusing language comes forth in the 8k which points out that the globe has ceased all operations...something we all understand, yet can and will be used to acquire cheap shares. I'm just saying be ready for shenanigans I've seen it before
This isn't my first rodeo. The former management of TGLO still has to issue their final 8K the one issued on December 21 only pointed out that there was a pending transaction
The final 8K coming from the old management will confuse people and that is why they are here
OK buddy, I now understand where you're coming from. Yes. 90 percent of OTC "CEOs" are borderline or full blown criminals. But look who we are dealing with here Frederick Jones of Glen core? Apples and oranges no wait a minute we're dealing with apples and rocks two very different things.
No need to worry about that aspect with these guys. 100 percent legitimate. Dallas is a sprawling metroplex with residential areas mixed with corporate offices, it is not uncommon.
8-k rules
http://www.tarterkrinsky.com/uploads/1197/doc/SEC_Adopts_New_Rules_on_Public_Shells_(00642127).PDF
People need to have their thinking caps on here when this drops, because it is my understanding that TGLO, the former owners must file their FINAL 8-k which will probably include such language as "ceases to be a going concern."
I know they had an 8-k on Dec 21st but that was only to let shareholders know that they had entered into an agreement, not that it had closed.
It confuses people, I have seen this happen before and you know what that means.
You need to be patient and wait for Delfin to issue their's.
Bingo folks.
not convinced that the sale has gone through so he dumped one half of the best thing he will ever own
You just can't fix that kind of problem. Put that one in the archives.
Seriously did anybody not see what just happened right there? Yeah that's right put two into together you can figure it out
It is actually possible with today's technology to do targeted reverse splits against certain accounts he's probably looking at getting one for 100,000. Have fun with that smart guy